Industry welcomes UK decision to resume fracking

10:31 AM MST | January 4, 2013 | —Natasha Alperowicz

Elliott: Need to compete on the world stage. Crotty: Shale would secure sites and jobs. The announcement earlier this month by UK Energy and Climate Change Secretary Edward Davey that exploratory fracking for shale gas can resume in the United Kingdom was welcomed by the Chemical Industries Association (CIA; London) and by petrochemical producers, including Ineos. “The last two years have seen a significant stimulation to the petrochemicals industry in the United States because of shale gas extraction,” Tom Crotty, Ineos group director, tells CW...